1.   Privatization need not mean that the government no longer affects how a good is produced and distributed.

2.   So a private sector agent will only provide a public good if his private benefits exceed the costs of producing the good.

3.   Suppose that the number of firms competing to produce a good in one country is smaller than the number in another.

4.   Where the product is bulky and expensive to transport relative to its value, licensing might be the only way to produce that good at a competitive price.

5.   Even the spread of communications technologies, which has produced so much good, engenders pressures that our institutions were not designed to address.

6.   What that means is charging prices that cover the true cost of producing a good or service.

7.   Because of that, they do not produce the good they are meant to produce.

8.   Li produced another good save three minutes into the second half, touching over a fierce free-kick from Zoran Pavlovic.